Auction 11am AEDT Tuesday 23 October 2018, Sydney
4 star AAA rated boutique accommodation hotel + restaurant & wine bar
30 year lease until 2044 + options to 2064
Highly experienced long term operator
20 luxuriously appointed rooms plus DA approval (lapsed) for 30 additional rooms
Strong NSW growth region underpinned by mining, tourism, logistics, infrastructure, energy and agriculture with planned $8.4B government investment in Melbourne-Brisbane land & rail project
High level of repeat corporate clientele
Attractive depreciation benefits
Annual rent increases to greater of CPI or 3%
Net lease, tenant pays all outgoings
Net Income: $191,336 pa + GST